DFPG Investments Adds Jim Mitchell with Financial Resources

DFPG Investments is pleased to announce that Financial Resources, Inc., located in Decatur, Alabama, has joined DFPG.

James O. (“Jim”) Mitchell, the founder of Financial Resources, is an experienced veteran in both the securities and commercial real estate industries. In 1975, Mitchell brought Reynolds Securities (now Morgan Stanley) to Decatur as the city’s first national brokerage firm. In 1985, he made a career change founding Financial Resources in Birmingham, Alabama, as an originator of commercial real estate first mortgage loans for Alabama’s leading developers. Over a 12-year span, Financial Resources financed over $700 million in non-recourse commercial loans for properties spanning the southeastern United States and Texas. Today, using his background in commercial real estate, Mitchell advises accredited investors on the opportunities of various types of securitized real estate.

“Since my background is in commercial real estate,” says Mitchell, “my focus as a financial advisor has always been in alternative investments that provide access to real estate investments.” Mitchell says he was drawn to DFPG because of their “strong reputation within the investments’ community” related to their due diligence and experience in alternative investments and securitized real estate.

Mitchell notes that during his career in the investments industry, he has been able to use his background in commercial real estate to evaluate his broker-dealer partnership. “I’ve affiliated with a few of the more notable independent broker-dealers that focus on alternative investments. None have impressed me as much as what I discovered with the team at DFPG.”

“After only a few weeks,” concludes Mitchell, “my transition is basically complete and it could not have been smoother – thanks to the outstanding and truly professional support from my DFPG transition team.”

DFPG’s CEO Mike Bendix welcomed Jim Mitchell by saying, “DFPG is pleased to welcome Jim to the DFPG family.” Bendix continues, “Jim’s business and clientele is highly specialized. He’s a veteran in the commercial real estate space and we couldn’t be more excited to partner with Jim and his clients. I am confident they’ll find great value at DFPG.”

In addition to his role as CEO at DFPG, Mike Bendix is also a former president of the Alternatives & Direct Investment Securities Association (ADISA), which is the nation’s largest alternative investments association. Bendix currently serves as chairman of ADISA’s Broker-Dealer Advisory Council.